Wall Street

Treasurys on the blockchain: How a new deal could reshape the ETF industry

Blockchain technology and tokenization could challenge the traditional ETF model. Janus Henderson said recently that it’s partnering with Anemoy Limited…

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

Appaloosa Management’s David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because…

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million…

The Fed forecasts lowering rates by another half point before the year is out

The Federal Reserve projected lowering interest rates by another half point before the end of 2024, and the central bank…

Point72’s Steve Cohen is stepping back from trading his own book

Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72. The prominent hedge fund investor,…

Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans

Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial…

Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more than half of Berkshire stake

Ajit Jain, Warren Buffett’s insurance chief and top executive, sold more than half of his stake in Berkshire Hathaway, a…